Macroeconomics, 6th Edition

Description

Blanchard presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run.

From the major economic crisis to the budget deficits of the United States, the detailed boxes in this text have been updated to convey the life of macroeconomics today and reinforce the lessons from the models, making them more concrete and easier to grasp.

Table of Contents

Chapter 1. A Tour of the WorldChapter 2. A Tour of the BookChapter 3. The Goods MarketChapter 4. Financial MarketsChapter 5. Goods and Financial Markets: The IS-LM ModelChapter 6. The Labor MarketChapter 7 Putting All Markets Together: The AS/AD ModelChapter 8. The Phillips Curve, the Natural Rate of Unemployment, and InflationChapter 9. The CrisisChapter 10. The Facts of GrowthChapter 11. Saving, Capital Accumulation, and OutputChapter 12. Technological Progress and GrowthChapter 13. Technological Progress. The Short, the Medium, and the Long RunChapter 14. Expectations: The Basic ToolsChapter 15. Financial Markets and ExpectationsChapter 16. Expectations, Consumption, and InvestmentChapter 17. Expectations, Output, and PolicyChapter 18. Openness in Goods and Financial MarketsChapter 19. The Goods Market in an Open EconomyChapter 20. Output, the Interest Rate, and the Exchange RateChapter 21. Exchange Rate RegimesChapter 22. Should Policy Makers be Restrained?Chapter 23. Fiscal Policy: A Summing UpChapter 24. Monetary Policy: A Summing UpChapter 25. Epilogue: The Story of Macroeconomics